Knowledge discovery in databases (KDD), which is the total process of transforming raw data into valuable information, includes data mining as a crucial component.
<h3>What is data mining and how it works explain?</h3>
In order to uncover patterns in company data that may be used to make better decisions, data mining is the application of a number of technologies, methods, and analytical approaches. It combines statistics, artificial intelligence, and machine learning to find patterns, correlations, and anomalies in enormous data sets.
<h3>Why is data mining useful?</h3>
The ability to find hidden patterns for one's own use is made possible by data mining software, which is incredibly helpful to enterprises. Since they are employed in data analysis and forecasting, these patterns help to improve business relationships by increasing the potential of the organization.
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Answer:
see below
Explanation:
Elastic demand describes a scenario where a small change in price results in a significant difference in the quantity demanded. The term 'elastic ' suggests a moving or a stretching demand. Goods that have many substitutes have an elastic demand.
A product or service will have an elastic demand when a small price change greatly affects consumption. Customers will still seek alternative cheaper options if the price increases, which causes demand to drop significantly. The demand for cooldrink is price elastic if a small change in price results in demand changing considerably.
The capitation fee would be a part of credit side of the profit and loss account in the health's care entity's financial statements.
Given that health care entity want to record capitation fee in it's financial statements.
We are required to answer to the question that how capitation fee is recorded in a health care'sn financial statements.
Financial statements are basically the written records that convey the business activities and the financial performance of a company. The balance sheet gives an overview of assets, liabilities, and shareholders' equity as a snapshot in time.
When a health care entity receives capitation fee it would be recorded on the credit side of the profit and loss account because the capitation fee is a income of the health care entity.
Profit and loss account is an account that records expenses and incomes of the company.Expenses are recorded on debit side and incomes are recorded on credit side of profit and loss account.
Hence the capitation fee would be a part of credit side of the profit and loss account in the health's care entity's financial statements.
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Answer:
Unter Corporation
1. The payback period of the investment is:
= 5 years.
2. No. The payback period would not be affected if the cash inflow in the last year were several times as large. The payback period was reached in the 5th year, which is half-way before the last year. As it stands, no cash inflows after the 5th year will have any impact on the payback period.
Explanation:
a) Data and Calculations:
Cash flows:
Year Investment Cash Inflow Cumulative inflow
1 $ 42,000 $ 3,000 $3,000
2 5,000 $ 6,000 9,000
3 $ 12,000 21,000
4 $ 14,000 35,000
5 $ 16,000 51,000
6 $ 15,000
7 $ 13,000
8 $ 11,000
9 $ 10,000
10 $ 10,000
Total $47,000 $110,000
Answer:
Explanation:
Projects which has highest return shall be accepted.
Assuming brad ford can take up to $40,000,000 at the rate of 11 % and more funds at 14 % cost of capital.
Now we will calculate weighted average return for each combination
For a and b = (30×18+ 10×16)/40 = 17.5
For second option
(20×12 + 10×15 +10×16)/40 = 13.75
So projects A and B shall be accepted
